The Secretary of State’s office has reported that 507 offers have been extended to buyers in the Jackson Auction.
The dollar amount of those bids totals $361,945.49. 17 parcels have already been sold, raising a total of $37,278.
“While every active offer may not close, preliminary numbers show this auction was a success,” Secretary of State Delbert Hosemann said. “Returning long-abandoned properties to the tax rolls, and particularly, to neighbors in the area, is always a win for local communities.”
The online auction was launched in July of 2016 to streamline the purchase of properties forfeited to the state for non-payment of ad valorem taxes. All of the money raised will be distributed to Hinds County, and the City of Jackson, and the schools in those areas.
“We consider this initiative to be a remarkable success. We are excited about the opportunity to decrease the amount of abandoned properties in our city and increase the number of homeowners in our city,” Jackson Mayor Chokwe Antar Lumumba said. “We are grateful for the support of the State and we look forward to future opportunities to demonstrate operational unity.”